In the latest report of UniCredit Bulbank’s economists, the 2023 real-growth forecast is raised by 0.8%, to 1.3%, to reflect a weaker slowdown in exports and slightly lower inflation than initially expected three months ago.
The Bank’s General Meeting of Shareholders nominated Emilia Palibachiyska and Teodora Petkova as Chair and Vice-Chair of the Supervisory Board of UniCredit Bulbank.
The Supervisory Board of the bank nominated Borislav Bangeev as the new Head of Corporate Banking while remaining Member of the Management Board of the bank. He will replace Raluca Popescu who will continue her successful career as Executive Vice President Corporate in UniCredit Bank Romania.
The European Investment Bank Group and UniCredit Bulbank Bulgaria signed a Guarantee on a synthetic securitization of SME and Mid-Cap loans originated by UniCredit Bulbank.
Thanks to new a functionality in Bulbank Online companies can get a comparative analysis including the top five companies in their industry.
Currently, the service is provided free of charge to all legal entities, clients of the bank, through the Digital Products menu in Bulbank Online.
Since the beginning of 2022, UniCredit Bulbank reports a significant increase in the number of people willing to sign documents for credit and non-credit products and services electronically in the small business sector.
Tzvetanka Mintcheva, CEO and Chair of the Management Board of UniCredit Bulbank, is the new Chair of the Management Board of the Council of Women in Business in Bulgaria (CWBB).
UniCredit Bulbank won the Bank of Year Award in terms of market share at the annual award ceremony of the Bank of the Year Association.
The sharp jump in the price of electricity for businesses as a result of the current geopolitical situation and its effect on the cost of fuels and energy resources, motivates many business customers to seek alternatives to their energy needs.